Dec 28, 2012 4:00am EST
before the deadline, president obama meets with congressional leaders today in hopes of reaching a compromise. >>> and less dairy for your dollar. without action by congress by new year's day, milk prices could skyrocket. >> if we want to continue to eat, the bill needs to be passed. that's where we get our food, people. captioning funded by cbs >>> this is the "cbs morning news" for friday, december 28th, 2012. good morning. good to be with you. i'm duarte geraldino. this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehen
Dec 28, 2012 6:00am EST
's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to be prepared to work through january 2nd. both sides still far apart, however, on taxes and spending cuts. senate majority leader harry reid says prospects for a deal by monday are still unlikely. there was a lot of movement, motion for not a lot of action. >> where were you yesterday? >> i was here. we were together. >> were we ever with our -- no. but there were duelling senate leaders just -- first mcconnell came on. and he said -- did you see either one of those? >> i did. >> did you see harry reid? >> there's no chance of -- >> but if you think -- i want to rise above. there was so little of anything close to that yesterday other than just the -- i mean, people at home must be like, it's the endless blaming and finger pointing and, you know, when one side says it's all the other side's fault and all the other s
Dec 28, 2012 7:00pm EST
obama exclusive "meet the press" sunday morning and check your local nbc stations and that's it for tonight. thanks for watching. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... it's part of what you slove about her.essing. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready.
Dec 27, 2012 7:00pm EST
barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we do know that the house of representatives has been told that the members there should be back in town here in washington expecting votes on sunday at 6:30 p.m. on sunday and we don't be what that will be and we should get more clarity on that tomorrow if there is, in account fa, a meeting at the white house we might find ou
Dec 30, 2012 5:00pm PST
gregory's interview with president obama on "meet the press." i'm chris jansing. i'll see you back here tomorrow morning. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq.
Dec 27, 2012 4:00pm PST
obama will meet with congressional leaders tomorrow. keeping 'em honest, with both sides caught in a trap of their own making? we'll go live to the white house and capitol hill for the latest. and take a look at this, a tornado from the storm system that created holiday havoc across the country and it's not over yet. those stories plus the top ridiculist of 2012. it's all at the top of the hour, john. zp >> thank you, randi. we'll be watching. appreciate it. >>> our fifth story, outfront tonight, the viral political videos of 2012. now, there was no shortage of partisan noise today, from political ads to the countless stump speeches. but we here at "outfront" have picked the top 5 videos that really got folks talking around the water cooler. here to them down, will cain, roland martin, pete dominick, all-star contributors. we're going to have some fun with this. viral videos really did define this campaign. often it's a shrilip on the stu that gets picked up. let's listen to one of obama's slip. you didn't build that. >> someone helped to create this unbelievable system that all
Dec 28, 2012 8:00am PST
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
Dec 30, 2012 2:00pm PST
to something that president obama said on "meet the press" today. >> if all else fails, if republicans do in fact decide to block it so that taxes on middle class families do in, fact, go up on january 1st, then we'll come back with a new congress on january 4th, and the first bill that will be introduced on the floor will be to cut taxes on middle class families, and, you know, i don't think the average person is going to say, gosh, you know, that's a -- that's a really partisan agenda on the part of either the president or democrats in congress. i think people will say that makes sense because that's what the economy needs right now. one way or another we'll get through this. >> it kind of sounds like the president is prepared for this to go into next year, and if it does, who do you think gets the blame? >> well, call it instead of democrats plan "b" call it plan "c" for cliff because i think democrats for a while have held the upper hand on these fiscal cliff negotiations because what is it all mean? this is about taxes for democrats, and the bush tax cuts expire at the end of this ye
Dec 28, 2012 3:00am PST
, president obama is going to meet with the congressional leaders today . one of these meetings "i think lindsay graham saying these are usually dog and pony shows. either you have a deal done meetings that are called in the white house or it is just for show. what do you think? >> kelly: i talked to a bunch of congress people yesterday who said there is a group in the house. republicans in the house that said we can't raise taxes and we shouldn't raise them at all but can't do more than john boehner's plan b, and didn't go to a vote. >> one for million. icle >> it would raise you billion in revenue. they were not for it in the first place but maybe get something through if obama willing to cut. obama administration said if you pass it in the house and september passed it, obama would veto it anyway. they are so far apart. this i am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate maj
Dec 28, 2012 4:00pm EST
to see you, thank you. >> thank you very much. >> president obama, congressional leaders meeting at the white house to avoid the fiscal cliff. we'll bring you the latest developments on that any minute now. >> also, we'll check up on health care, one of the year's best performing sectors. we'll find out if it's going to run out of steam in the new year and name some names for you coming up. >> and later on, big sky, big jump in estate taxes if congress fails to reach a deal on the cliff. we'll talk to a montana rancher who is pretty upset. coming up, montana's governor brian schweitzer is going to weigh in. >> looks like the meeting may have broken up. there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get
Dec 30, 2012 10:00am PST
to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state overnight. crews are clearing tons of snow in the gillette stadium now preparing for the patriots/dolphins game this afternoon. >>> keep it here as the clock ticks to the fiscal cliff.
Dec 28, 2012 2:00pm PST
forward. but president obama i am told by this source essentially said to everyone at the meeting, look, if you put this to a vote in the senate and in the house, he believes it would pass. he gave mcconnell and reid about a day basically to come up with their own proposal, something that they believe would make it through both chambers, but interestingly, mcconnell said that he was optimistic in the wake of that meeting. reid said that he found the meeting to be constructive as well as did nancy pelosi. speaker boehner seemed to have a slightly different take, basically saying, look, we've already passed legislation in the house to deal with the sequester, to deal with some of these issues so why not revisit what was passed in the house? but the bottom line is the words that are coming out of this meeting, constructive, optimistic. there seems to be a little bit of movement. you always hesitate to say that because, of course, these talks could become derailed at any minute, but president obama set to address the press and the nation hopefully to give us a little bit of a better sense o
Dec 28, 2012 6:30pm EST
them the public's patience has worn out. after an hour-long closed-door meeting with the president, both the democratic and republican congressional leaders left the white house without saying a word. later, president obama weighed in. >> the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. the economy is growing, but sustaining that trend is going to require elected officials to do their jobs. >> reporter: and back at the capitol, senate majority leader, harry reid, described the meeting as constructive. >> we're out of time. we've got to do it now. that's why the next 24 hours will be very important. >> reporter: a source familiar with the talks told nbc news the president reiterated the proposal he presented before leaving on vacation last week. calling for, among other things, a tax cut extension for those making $250,000 or less. and extending unemployment benefits that are set to expire. the source says the president is confident his plan can pass in both the house and senate if republicans allow a vote.
Dec 27, 2012 12:00pm PST
and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not much has changed. >> both sides are waiting for the other to make the first move. senate republicans are ready to look over a plan the democrats put forth but they say there's no plan. this morning the top senate democrat, harry reid, chided the top house republican, john boehner, nor not calling the house legislators back into zes speaker boehner should call them back today. he shouldn't have let them go in fact. they're not here. they are not here. john boehner seems to care more about keeping his speakership than keepin
Dec 27, 2012 4:00pm PST
. nbc news laz learned president obama will host a meeting tomorrow afternoon with congressional leadership from both sides of the aisle. house this really a concussion -- >> you mean john bolton. >> i feel if she ends up testifying next month maybe that's the pivot point. if not then, it's going to be soon. i think it's a question of you have one major political party that devotes itself to tearing somebody down. doesn't mean she can't win in 2016. the reason she's at 70% is because a lot of republicans have forgotten they're not supposed to like the clintons. they will get that message in the next year or two. >> my respect for this senator went through the roof when she ran for the senate in upstate new york, rana, because she could have taken a lot of hell from people who are not rooting for her if she had lost that race. she didn't need to put everything on the table in new york state, and she did it, which is the test of political guts to run up there in upstate new york, and she won a good race. she is unbeatable up there. i think she will run for president if she wants to
Dec 30, 2012 7:00am EST
the press" this morning. the highlight will be president obama on nbc's "meet the press." on abc this morning, senator chuck schumer. along with jon kyl of arizona. on cbs, dick durbin and tom coburn, the republican from oklahoma. fox news this morning, on fox news sunday, senator lindsey graham, the republican from south carolina, on what senator dianne feinstein, democrat of california. it should be a busy morning on the sunday shows. back to your calls. june is waiting from wisconsin, on the independent line. good morning. host: good morning. first of all, shame on a congress, particularly the republicans who have just wanted to does -- to destroy this country. the tea party, i am so glad i am able to say this, the t stands for treason, because they have done all they possibly can to ruin america, to overthrow our government. host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that.
Dec 28, 2012 4:00pm PST
a great programming note. on sunday, president obama will be david gregory's guest on "meet the press." that's this sunday on "meet the press." but coming up next, whatever became of john boehner. remember him? not too long ago, he was the leader of an increasingly powerful republican party in the house. now, he can't even get his own caucus to approve his celebrated plan b. >> and later, through the magic of digital recording, talking about ef efb the most common sense proposals to limit the ability of assault weapons. and with his annual list of best political movies of the year. this is "hardball," the place for politics. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or androi
Dec 27, 2012 1:00pm PST
can'ts did not meet the demand for the extraordinary relief. president obama has consistently say that contraception is a private issue between her woman and her doctor and not a woman and her boss. >> we received a statement from the hobby lobby company saying that they will continue their appeal and reiterating that they don't have any intention of paying for the morning after pill. there is no precedent for this. it's not clear exactly, candy, how the irs will connect these fees. we're in brand-new territory. >> we are. there will be lot of things coming into play this year and nextear for health care. it's going to make for interesting news. thank you so much, lisa, appreciate it. >>> invisibility cloak made harry potter disappear. we'll show how the next generation of camouflage could do the same for u.s. troops. >>> and a dying mother leaves behind an emotional message to her young children and the world. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beac
Dec 26, 2012 2:00pm PST
was there at the house conference meeting when he says we're not having a vote on plan "b." we're in this horrible standpoint right now. asking harry reid to ask and president obama to act. >> harry reid's his lifeline. let me ask you this. everybody watches politics. this isn't cnbc here, it's politics. let's get a couple things straight. you say right now that today it's a democratic advantage. obama looks like the guy is trying to get it done. republicans are the holdouts. >> it's not just me. look at the gallup reports. republicans have been going down. >> obama's 54%. right now it's a democratic advantage. >> democratic advantage right now. >> midnight monday still a democratic advantage? >> no. if you go over the cliff, everyone's in trouble. >> wednesday morning next week which is only a week away and we're into 2013 and no deal's been made, do you accept the fact that both guys are in trouble? >> i think it's a jump ball. i'm not sure what happens at that point. it depends on what the markets do. we'll say this. president obama doesn't have to worry as much as the members of congress do be
Dec 27, 2012 4:00am PST
it? we keep talking about the meetings betweenby ma and boehner, one of which hasn't happened in a few days but it really isn't a deal between obama and boehner. those two guys say what they want, boehner goes back to his caucus and can't get a deal. >> that's why a bipartisan majority is absolutely necessary, if the senate bill is brought to a vote on the house floor, it will be passed by a majority of democrats and some republicans, but the speaker wasted last week on a bill that had no prospect of success, in fact never even was brought to a vote and now we're down to the last few days. the deal to extend these tax cuts on everyone's first $250,000 of income, remember it's benefits people who earn more than $250,000 because it extends tax cuts on their first $250,000. so somebody earning $300,000 or $350,000 in connecticut will benefit from it. >> senator, ron brownstein wants to ask a question. >> let me play devil's advocate when the tax cuts were passed in 2001 virtually every democrat in the house and senate voted against them. why do you think it's appropriate to perma
Dec 24, 2012 10:00am PST
. they saved my life and the life of four others who were at that meeting. gregg: another fox news alert. this new development in the fight over the fiscal crisis as lawmakers head home for the holidays. there are reports president obama is scaling back his hope for a sweeping budget bargain with republicans. welcome to a brand new hour of "america live". i'm gregg jarrett. heather: i'm heather childers. we're in for megyn kelly. the president reportedly looking to strike a smaller deal that would extend tax cuts for the middle class without tackling spending cuts as reports surfaced that the president hasn't spoken with speaker boehner since he expressed his frustration at a news conference on friday. take a listen. >> we passed a bill to stop all the tax hikes on the american people scheduled to take effect january the 1st and we did that on august the 1st. and we proposed plans over and over again that democrats used to support but now they won't. heather: chief white house correspondent ed henry is live for us in honolulu. that is where the president ising christmas with his family.
Dec 30, 2012 3:00am PST
and we should get a better gauge of running off the cliff after the meetings. if the senators don't like it, it's a bad sign and president obama will left his hawaiian vacation to come and work on this, says if we do go off the cliff once again it would be very bad for the economy. >> we just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. the housing market is healing and that could stall and people see smaller paychecks. >> reporter: and told us last night there's been no major progress. back to you. >> juliet: oh, well. >> dave: and we heard about on friday seemed to dried up. >> clayton: so cautious. >> juliet: i would say i appreciate cautious. >> clayton: well, much has been made about this $250,000 cap that's where the president initially wanted to raise the-- raise revenues taxing anyone over-- making over $250,000 for the household. so, $200,000 for a single person and $250,000 for a married couple. now, it seems like that number is being shifted be